Ward Williams urges UK business owners to prioritise creating Lasting Powers of Attorney (LPAs) and Wills to protect their enterprises. The article emphasises the importance of separate business and personal LPAs, highlights key actions for business owners, and announces a free Business Breakfast event in Uxbridge on 12th September, 2024, focused on securing business legacies through LPAs and Wills. Ward Williams offers specialised services to help business owners navigate these complex legal and financial matters, ensuring business continuity and peace of mind.

Financial gifts can make a huge difference for children and grandchildren but care needs to be taken to ensure they are carried out tax efficiently.

Lifetime gifting could include making cash gifts from surplus income, charitable giving and taking advantage of annual exemptions and the small gifts exemption.

In the recent budget (delivered on 15 March 2023), the Chancellor, Jeremy Hunt, announced a number of measures that are intended to increase “growth” and support efforts to (a) encourage inactive individuals to return to work, in particular those aged 50 and above, and (b) remove incentives to reduce hours or leave the labour market altogether. Of particular interest are the t ...